35550 Federal Register / Vol. 86, No. 126 / Tuesday, July 6, 2021 / Notices 

ATTACHMENT 1—GENERAL TARGET SCHEDULE FOR PROCESSING AND RESOLVING REQUESTS FOR ACCESS TO SENSITIVE

UNCLASSIFIED NON-SAFEGUARDS INFORMATION AND SAFEGUARDS INFORMATION IN THIS PROCEEDING—Continued 

Day Event/activity 

40 ...................... (Receipt +30) If NRC staff finds standing and need for SUNSI, deadline for NRC staff to complete information processing and 

file motion for Protective Order and draft Non-Disclosure Affidavit. Deadline for applicant/licensee to file Non-Disclosure 

Agreement for SUNSI. 

190 .................... (Receipt +180) If NRC staff finds standing, need to know for SGI, and trustworthiness and reliability, deadline for NRC staff to 

file motion for Protective Order and draft Non-disclosure Affidavit (or to make a determination that the proposed recipient of 

SGI is not trustworthy or reliable). Note: Before the Office of Administration makes a final adverse determination regarding 

access to SGI, the proposed recipient must be provided an opportunity to correct or explain information. 

205 .................... Deadline for petitioner to seek reversal of a final adverse NRC staff trustworthiness or reliability determination under 10 CFR 

2.336(f)(1)(iv). 

A ....................... If access granted: Issuance of a decision by a presiding officer or other designated officer on motion for protective order for 

access to sensitive information (including schedule for providing access and submission of contentions) or decision reversing a final adverse determination by the NRC staff. 

A + 3 ................. Deadline for filing executed Non-Disclosure Affidavits. Access provided to SUNSI and/or SGI consistent with decision issuing 

the protective order. 

A + 28 ............... Deadline for submission of contentions whose development depends upon access to SUNSI and/or SGI. However, if more 

than 25 days remain between the petitioner’s receipt of (or access to) the information and the deadline for filing all other 

contentions (as established in the notice of opportunity to request a hearing and petition for leave to intervene), the petitioner may file its SUNSI or SGI contentions by that later deadline. 

A + 53 ............... (Contention receipt +25) Answers to contentions whose development depends upon access to SUNSI and/or SGI.

A + 60 ............... (Answer receipt +7) Petitioner/Intervenor reply to answers. 

>A + 60 ............. Decision on contention admission. 

[FR Doc. 2021–12277 Filed 7–2–21; 8:45 am] 

BILLING CODE 7590–01–P 

OFFICE OF PERSONNEL 

MANAGEMENT 

Submission for Review: Claim for 

Unpaid Compensation for Deceased 

Civilian Employee, SF 1153, 3206–0234 

AGENCY: Office of Personnel 

Management. 

ACTION: 60-Day notice and request for 

comments. 

SUMMARY: In accordance with the 

Paperwork Reduction Act of 1995 as 

amended by the Clinger-Cohen Act, this 

notice announces that the U.S. Office of 

Personnel Management (OPM) intends 

to submit to the Office of Management 

and Budget (OMB) a request for review 

of an expiring information collection. 

Standard Form 1153, Claim for Unpaid 

Compensation for Deceased Civilian 

Employee, is used to collect information 

from individuals who have been 

designated as beneficiaries of the 

unpaid compensation of a deceased 

Federal employee who believe that their 

relationship to the deceased entitles 

them to receive the unpaid 

compensation of the deceased Federal 

employee. OPM needs this information 

in order to adjudicate the claim and 

properly assign a deceased Federal 

employee’s unpaid compensation to the 

appropriate individual(s). 

DATES: Comments are encouraged and 

will be accepted until September 7, 

2021. This process is conducted in 

accordance with 5 CFR 1320.1. 

ADDRESSES: Interested persons are 

invited to submit written comments on 

the proposed information collection to 

the Merit System Accountability and 

Compliance, Office of Personnel 

Management, 1900 E Street NW, 

Washington, DC 20415, Attention: 

Damon Ford or sent via electronic mail 

to damon.ford@opm.gov. 

FOR FURTHER INFORMATION CONTACT: A 

copy of this ICR, with applicable 

supporting documentation, may be 

obtained by contacting the 

Compensation and Leave Claims 

Program, Office of Personnel 

Management, 1900 E Street NW, 

Washington, DC 20415, Attention: 

Damon Ford or sent via electronic mail 

to damon.ford@opm.gov or 202–606– 

2980. 

SUPPLEMENTARY INFORMATION: The Office 

of Management and Budget is 

particularly interested in comments 

that: 

1. Evaluate whether the proposed 

collection of information is necessary 

for the proper performance of the 

functions of the agency, including 

whether the information will have 

practical utility; 

2. Evaluate the accuracy of the 

agency’s estimate of the burden of the 

proposed collection of information, 

including the validity of the 

methodology and assumptions used; 

3. Enhance the quality, utility, and 

clarity of the information to be 

collected; and 

4. Minimize the burden of the 

collection of information on those who 

are to respond, including through the 

use of appropriate automated, 

electronic, mechanical, or other 

technological collection techniques or 

other forms of information technology, 

e.g., permitting electronic submissions 

of responses. 

MSAC adjudicates classification 

appeals, job-grading appeals, FLSA 

Claims, compensation and leave Claims, 

and declination of reasonable offer 

appeals, as well as the settling of 

disputed Claims for unpaid 

compensation due deceased Federal 

employees. This adjudicative function 

provides Federal employees 

administrative due process rights to 

challenge compensation and related 

agency decisions without having to seek 

redress in Federal courts. These 

decisions are also a critical resource for 

agency HR offices in making their own 

classification, pay, and FLSA 

determinations. 

Analysis 

Agency: Merit System Accountability 

and Compliance, Office of Personnel 

Management. 

Title: Standard Form 1153, Claim for 

Unpaid Compensation of Deceased 

Civilian Employee. 

OMB Number: 3260–0234. 

Frequency: Annually. 

Affected Public: Federal Employees 

and Retirees. 

Number of Respondents: 3,000. 

Estimated Time per Respondent: 15 

minutes. 

Total Burden Hours: 750 hours. 


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Federal Register / Vol. 86, No. 126 / Tuesday, July 6, 2021 / Notices 35551 

1 15 U.S.C. 78s(b)(1). 

2 15 U.S.C. 78a. 

3 17 CFR 240.19b–4. 

4The Exchange originally filed to amend the Fee 

Schedule on June 1, 2021 (SR–NYSEArca–2021– 

49). SR–NYSEArca–2021–49 was subsequently 

withdrawn and replaced by this filing. 

5A Retail Order is an agency order that originates 

from a natural person and is submitted to the 

Exchange by an ETP Holder, provided that no 

change is made to the terms of the order to price 

or side of market and the order does not originate 

from a trading algorithm or any other computerized 

methodology. See Securities Exchange Act Release 

No. 67540 (July 30, 2012), 77 FR 46539 (August 3, 

2012) (SR–NYSEArca–2012–77). 

6See Securities Exchange Act Release No. 51808 

(June 9, 2005), 70 FR 37496, 37499 (June 29, 2005) 

(File No. S7–10–04) (Final Rule) (‘‘Regulation 

NMS’’). 

7See Securities Exchange Act Release No. 61358, 

75 FR 3594, 3597 (January 21, 2010) (File No. S7– 

02–10) (Concept Release on Equity Market 

Structure). 

8See Cboe U.S. Equities Market Volume 

Summary, available at https://markets.cboe.com/us/ 

equities/market_share. See generally https://

www.sec.gov/fast-answers/ 

divisionsmarketregmrexchangesshtml.html. 

9See FINRA ATS Transparency Data, available at 

https://otctransparency.finra.org/otctransparency/ 

AtsIssueData. A list of alternative trading systems 

registered with the Commission is available at 

https://www.sec.gov/foia/docs/atslist.htm. 

10See Cboe Global Markets U.S. Equities Market 

Volume Summary, available at http://

markets.cboe.com/us/equities/market_share/. 

11See id. 

12See Retail Order Tier, Retail Order Step-Up 

Tier 1, Retail Order Step-Up Tier 2 and Retail Order 

Step-Up Tier 3 on the Fee Schedule. 

Office of Personnel Management. 

Alexys Stanley, 

Regulatory Affairs Analyst. 

[FR Doc. 2021–14160 Filed 7–2–21; 8:45 am] 

BILLING CODE 6325–58–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–92291; File No. SR– 

NYSEArca–2021–52] 

Self-Regulatory Organizations; NYSE 

Arca, Inc.; Notice of Filing and 

Immediate Effectiveness of Proposed 

Rule Change To Amend the NYSE Arca 

Equities Fees and Charges 

June 29, 2021. 

Pursuant to Section 19(b)(1) 1 of the 

Securities Exchange Act of 1934 (the 

‘‘Act’’) 2 and Rule 19b–4 thereunder,3

notice is hereby given that, on June 14, 

2021, NYSE Arca, Inc. (‘‘NYSE Arca’’ or 

the ‘‘Exchange’’) filed with the 

Securities and Exchange Commission 

(the ‘‘Commission’’) the proposed rule 

change as described in Items I and II 

below, which Items have been prepared 

by the self-regulatory organization. The 

Commission is publishing this notice to 

solicit comments on the proposed rule 

change from interested persons. 

I. Self-Regulatory Organization’s 

Statement of the Terms of Substance of 

the Proposed Rule Change 

The Exchange proposes to amend the 

NYSE Arca Equities Fees and Charges 

(‘‘Fee Schedule’’) to modify the per 

share credit and fee associated with 

certain Retail Orders that add and 

remove liquidity. The Exchange 

proposes to implement the fee change 

effective June 14, 2021.4 The proposed 

rule change is available on the 

Exchange’s website at www.nyse.com, at 

the principal office of the Exchange, and 

at the Commission’s Public Reference 

Room. 

II. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

In its filing with the Commission, the 

self-regulatory organization included 

statements concerning the purpose of, 

and basis for, the proposed rule change 

and discussed any comments it received 

on the proposed rule change. The text 

of those statements may be examined at 

the places specified in Item IV below. 

The Exchange has prepared summaries, 

set forth in sections A, B, and C below, 

of the most significant parts of such 

statements. 

A. Self-Regulatory Organization’s 

Statement of the Purpose of, and the 

Statutory Basis for, the Proposed Rule 

Change 

1. Purpose 

The Exchange proposes to amend the 

Fee Schedule to modify the per share 

credit and fee associated with certain 

Retail Orders 5 that add and remove 

liquidity. The Exchange proposes to 

implement the fee change effective June 

14, 2021. 

Background 

The Exchange operates in a highly 

competitive market. The Commission 

has repeatedly expressed its preference 

for competition over regulatory 

intervention in determining prices, 

products, and services in the securities 

markets. In Regulation NMS, the 

Commission highlighted the importance 

of market forces in determining prices 

and SRO revenues and, also, recognized 

that current regulation of the market 

system ‘‘has been remarkably successful 

in promoting market competition in its 

broader forms that are most important to 

investors and listed companies.’’ 6

While Regulation NMS has enhanced 

competition, it has also fostered a 

‘‘fragmented’’ market structure where 

trading in a single stock can occur 

across multiple trading centers. When 

multiple trading centers compete for 

order flow in the same stock, the 

Commission has recognized that ‘‘such 

competition can lead to the 

fragmentation of order flow in that 

stock.’’ 7 Indeed, equity trading is 

currently dispersed across 16 

exchanges,8 numerous alternative 

trading systems,9 and broker-dealer 

internalizers and wholesalers, all 

competing for order flow. Based on 

publicly-available information, no 

single exchange currently has more than 

17% market share.10 Therefore, no 

exchange possesses significant pricing 

power in the execution of equity order 

flow. More specifically, the Exchange 

currently has less than 10% market 

share of executed volume of equities 

trading.11

The Exchange believes that the evershifting market share among the 

exchanges from month to month 

demonstrates that market participants 

can move order flow, or discontinue or 

reduce use of certain categories of 

products. While it is not possible to 

know a firm’s reason for shifting order 

flow, the Exchange believes that one 

such reason is because of fee changes at 

any of the registered exchanges or nonexchange venues to which a firm routes 

order flow. The competition for Retail 

Orders is even more stark, particularly 

as it relates to exchange versus offexchange venues. 

The Exchange thus needs to compete 

in the first instance with non-exchange 

venues for Retail Order flow, and with 

the 15 other exchange venues for that 

Retail Order flow that is not directed 

off-exchange. Accordingly, competitive 

forces compel the Exchange to use 

exchange transaction fees and credits, 

particularly as they relate to competing 

for Retail Order flow, because market 

participants can readily trade on 

competing venues if they deem pricing 

levels at those other venues to be more 

favorable. 

To respond to this competitive 

environment, the Exchange has 

established Retail Order Step-Up tiers,12

which are designed to provide an 

incentive for ETP Holders to route Retail 

Orders to the Exchange by providing 

higher credits for adding liquidity 

correlated to an ETP Holder’s higher 

trading volume in Retail Orders on the 

Exchange. Under the Retail Order StepUp Tiers, ETP Holders also do not pay 

a fee when such Retail Orders have a 

time-in-force of Day and remove 

liquidity from the Exchange. 


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